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Graubuendner Kantonalbank (CHIX:GRKPZ) Momentum Rank : 0 (As of Jun. 16, 2024)


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What is Graubuendner Kantonalbank Momentum Rank?

Graubuendner Kantonalbank has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Graubuendner Kantonalbank (CHIX:GRKPZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Graubuendner Kantonalbank (CHIX:GRKPz) » Definitions » Momentum Rank
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XSWX:VATN XSWX:BCGE XSWX:WKBN XSWX:CMBN XSWX:LLBN XSWX:BLKB XSWX:TKBP XSWX:SNBN XSWX:BSKP XSWX:GLKBN CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
GRKP:Switzerland
Address
Postplatz, Chur, CHE, 7001
Website
https://www.gkb.ch
Graubuendner Kantonalbank is a banking corporation in Switzerland. It is engaged in providing banking products and service to private and corporate customers. The company provides a private account, savings accounts, foreign currency accounts, cards, payment services and others. It also provides mortgage facilities, loans, and advances. The company is also involved in providing financial advice, asset management, investment advice, pension and insurance and others.

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